News

The cabinet has approved a 45-day extension of the state of emergency for the eighth time to mid-January.The approval was a formality after a meeting of the Centre for Covid-19 Situation Administration, chaired by Prime Minister Prayut Chan-o-cha, had approved it on Nov 18 and ...

The economy is expected to grow 4% in 2021 after a slump this year and fiscal policy will support a tourism-reliant economy struggling from the impacts of the coronavirus pandemic, the finance minister said on Monday.The economy shrank a less than expected 6.4% in the ...

The Bank of Thailand has moved forward measures, originally meant to begin early 2021, but most of which will now take effect from end of this month. The end result is that the new rules will make it easier for Thais to shuffle money overseas ...

The Tourism Authority of Thailand (TAT) will next year launch campaigns and special travel packages that target a new, unique group of tourists.Thapanee Kiatphaibool, TAT executive director of tourism products, said the aim was to create travel packages for single people, such as boat trips ...

The government has set a target to disburse at least 70% of the 400-billion-baht budget scheduled for social and economic rehabilitation in fiscal 2021.Danucha Pichayanan, secretary-general to the National Economic and Social Development Council (NESDC), said by the end of September next year (the final ...

The row over a plan to purchase land from a community behind the old Mor Chit Bus Terminal to build an elevated road as part of a “smart city” project around the mass transit station has raised questions about the way the state spends taxpayer ...

Kasikornbank predicted the baht would move between 30 to 30.40 per US dollar next week, with several factors requiring monitoring by investors.The bank said that the political situation in Thailand, as well as export data for October to be announced in the near future, would ...

At a glance, the opening of the Centre for Air Pollution Mitigation (CAPM), which is tasked with reducing levels of the toxic PM2.5 fine dust, seemed like a promising sign.The centre is to serve as a focal point for getting ministries and agencies on the ...

The Bank of Thailand has been studying a warehousing concept that allows commercial banks to sell commercial loans parked in funds of asset management companies at prices acceptable to both the creditor and borrower.Given the difficulties amid the Covid-19 crisis, some businesses have had to ...

The Bank of Thailand stands ready to implement additional measures to manage the strengthening baht under a targeted policy, on both a short-term and long-term basis.The central bank’s Monetary Policy Committee (MPC) has expressed concerns over the rapid appreciation of the baht as this affects ...